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<blockquote data-quote="Catatonic" data-source="post: 3058821" data-attributes="member: 7966"><p><span style="font-size: 22px"><strong><a href="https://www.thebalance.com/natural-rate-of-unemployment-definition-and-trends-3305950" target="_blank">Natural Rate of Unemployment</a>: Definition and Trends</strong></span></p><p><span style="font-size: 18px"><span style="color: #808080"><strong>Why Zero Unemployment Isn't as Good as It Sounds</strong></span></span></p><p></p><p>The natural rate of unemployment is a combination of frictional, <strong>structural</strong> and surplus unemployment.</p><p></p><p><a href="https://www.thebalance.com/structural-unemployment-3306202" target="_blank"><strong>Structural Unemployment</strong></a> – As the economy evolves, there is an unavoidable mismatch between workers' job skills and employers' needs. This happens when workers are displaced by technology, as when robots take over <a href="https://www.thebalance.com/manufacturing-jobs-examples-types-and-changes-3305941" target="_blank">manufacturing jobs</a>. It also occurs when factories move to cheaper locations, as happened when <a href="https://www.thebalance.com/disadvantages-of-nafta-3306273" target="_blank">NAFTA</a> was signed.</p><p>When baby boomers reached their 30s, and had fewer children, there was less need for daycare workers. Structural unemployment remains until workers are retrained.</p><p></p><p><strong><span style="color: #ff0000">This is the Trump's ground support.</span></strong></p></blockquote><p></p>
[QUOTE="Catatonic, post: 3058821, member: 7966"] [SIZE=6][B][URL='https://www.thebalance.com/natural-rate-of-unemployment-definition-and-trends-3305950']Natural Rate of Unemployment[/URL]: Definition and Trends[/B][/SIZE] [SIZE=5][COLOR=#808080][B]Why Zero Unemployment Isn't as Good as It Sounds[/B][/COLOR][/SIZE] The natural rate of unemployment is a combination of frictional, [B]structural[/B] and surplus unemployment.[SIZE=5][COLOR=#808080][B][/B][/COLOR][/SIZE] [URL='https://www.thebalance.com/structural-unemployment-3306202'][B]Structural Unemployment[/B][/URL] – As the economy evolves, there is an unavoidable mismatch between workers' job skills and employers' needs. This happens when workers are displaced by technology, as when robots take over [URL='https://www.thebalance.com/manufacturing-jobs-examples-types-and-changes-3305941']manufacturing jobs[/URL]. It also occurs when factories move to cheaper locations, as happened when [URL='https://www.thebalance.com/disadvantages-of-nafta-3306273']NAFTA[/URL] was signed. When baby boomers reached their 30s, and had fewer children, there was less need for daycare workers. Structural unemployment remains until workers are retrained. [B][COLOR=#ff0000]This is the Trump's ground support.[/COLOR][/B] [/QUOTE]
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